Dallas-based Brazos Private Equity Partners LLC has acquired men’s clothing retailer Southern Tide.
Financial terms weren’t announced.
Greenville, S.C.-based Southern Tide makes men’s shirts, pants, shorts, ties, swimwear, footwear and a variety of accessories for men. The company is especially known for manufacturing Skipjack polo-style shirts.
Brazos manages investment funds with roughly $1.4 billion of equity capital since inception.
The deal comes on the heels of several major deals within the retail sector. Most recently, The Men’s Wearhouse (NYSE: MW) agreed to buy JA Holding Inc., the parent company of clothing brand Joseph Abboud, for $97.5 million in cash.
Other deals include Joe's Jeans Inc.'s (Nasdaq: JOEZ) purchase of Hudson Clothing Holdings Inc. and LVMH Moet Hennessy Louis Vuitton SA deal to buy 80 percent of Italian cashmere clothier Loro Piana SpA.
For more on the retail sector, see "Retail M&A: TIme-Tested Brands Sell."